Stocks fell in the U.S. for the first time in five days; Dollar consolidates gains

FXstreet.com (Córdoba) – A sell off in the last hour of trade sent stocks lower in the U.S. The Dow Jones lost 0.47% and the Nasdaq fell 0.50% . Crude oil is back above $70 a barrel and gold has moved away from the lows. The Dollar is consolidating important gains across the board. 

Greenback’s rally eased during the American session after reaching the highest price in two month against the Euro and the Swiss Franc. EUR/USD found support at 1.4500 after falling from 1.4650. GBP/USD trades above 1.6265 and is erasing previous losses. Cable is among the best performs of the day. The Yen is falling across the board but currently is retreating from the lows of the day. 

Investors are concerned that the Federal Reserve will begin sooner to take back economic stimulus.